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Bitcoin’s energy consumption has jumped 80% since the beginning of 2020, according to a study from Cambridge

Bitcoin now uses 80% more energy than it did at the beginning of 2020. Bitcoin uses 128 terawatt-hours annually, according to estimates from Cambridge. The cryptocurrency is responsible for 0.59% of total worldwide energy consumption. Bitcoin’s energy consumption has jumped 80% since the beginning of 2020 amid a meteoric rise for the digital currency. According to Cambridge’s […]

IEA member governments update IEA Shared Goals with strong focus on energy security and clean energy transitions – EQ